Posted on Thursday, 11th June 2015 by Dennis Damp
Please share this article with your friends and associates. Any mention of our articles and www.fedretire.net on your Facebook, Twitter, and social media accounts would be appreciated. Wow, going on eleven years retired and I’m still learning valuable life lessons! There are so many times in my life when I reflect back on certain events and realize the […]
Posted in
| Comments (0)Posted on Thursday, 28th May 2015 by Dennis Damp
Many retirees and active federal employees have been waiting for this for some time now. Starting this fall you will be able to enroll in any of the FEHB health plans under the new Self Plus One rate schedule. This year’s annual open season begins November 9th and the new rates will be effective January 1, […]
Posted in
| Comments (0)Posted on Saturday, 16th May 2015 by Dennis Damp
(Updated 2/26/2023) I received a call from the wife of a friend who passed away. She was concerned about her options after being notified by the TSP that her husband’s account was converted to the G Fund upon his death. She was approached by a financial planner that suggested she transfer her husband’s TSP account […]
Posted in
Posted on Wednesday, 29th April 2015 by Dennis Damp
Up until recently the only way you could obtain a federal retirement ID Card, officially referred to as a “Retirement Services Reference Card,” was to call OPM and request a copy. They would send it in the mail and you would receive it in 5 to 7 business days. Recently OPM Services Online added a […]
Posted in
| Comments (0)Posted on Monday, 6th April 2015 by Dennis Damp
(Updated 2/26/2023) In my article titled Have You Considered Hiring a Financial Advisor, I discussed professional investment assistance and the advantages and costs associated with hiring a financial advisor. This article focuses on the Thrift Savings Plan (TSP), its benefits, and their very low management fees compared to other funds. It also introduces you to various […]
Posted in
Posted on Saturday, 7th March 2015 by Dennis Damp
The impact that our Cost Of Living Adjustment (COLA) has on our annuity is significant and without it retirees would find themselves doing with less as they age. Even though our COLAs don’t truly keep up with inflation as claimed we at least experience increases most years. If COLAs would have been paid in 2010 […]
Posted in
Posted on Friday, 13th February 2015 by Dennis Damp
(Updated 2/26/2023) Many are uncomfortable with investing and managing money in general. The Federal Reserve intentionally kept interest rates artificially near ZERO for many years and now that interest rates and inflation are soaring in 2023, do we ladder CDs, buy short term Treasuries and corporate bonds, and/or invest in the market with its inherent […]
Posted in
| Comments (0)Posted on Tuesday, 27th January 2015 by Dennis Damp
1099-R Forms I like to complete my taxes as early as possible and often end up waiting for key documents such as our 1099-R form and various bank and investment forms. The online availability of most of these documents does save time. I visited OPM’s Services Online on January 22nd and was able to download […]
Posted in
| Comments (0) |
 |
 |
|
||
 |
|
 |
|
||